How are health services paid for? Provide a definition for the term \"third-party payer\", discuss the different payers currently operating in the market, and assess the importance of each. Please use a table format to list the information. Solution There are two main payers types: single payer and third-party payer. Single payer is when the person that obtains the health service is the same which pay for it, here relationship is direct taker and provider of health services. However, it is more common the presence of a third party payer, which is an external agent that covers the other health expenses or part of them, they are insurance companies or public social protection systems. Single Payer Third-Party Payer Type of relation with provider Direct Indirect Capability to compare Prices/Features Relatively High Almost Null Payment proportion Full Low percentage Single Payer Third-Party Payer Type of relation with provider Direct Indirect Capability to compare Prices/Features Relatively High Almost Null Payment proportion Full Low percentage.